This summer, the Olympic games are captivating the world. We watch athletes from around the globe at the very top of their sport as they vie for the top spot on the podium. Even with their skills and years of experience, each athlete understands that they also need a coach. A coach helps them hone in on their goals, see past distractions and limitations, thrive through difficult periods and level up their game.
Talented athletes, rising politicians and successful entrepreneurs all benefit from experienced mentors and coaches. In every discipline, successful individuals know that a coach is an invaluable member of their team. Whether you are an entrepreneur trying to grow your business, a CEO looking to take your company to the next level or a leader facing significant challenges, a business coach can be the key to getting the results you want.
What is business coaching?
Business coaches, sometimes called business strategists, are more than life coaches or business advisors. They offer a fresh perspective and identify areas of your business that need improvement. They will notice things you missed, revealing your blind spots. We call our brand of business coaching “Business Results Coaching.”
Business results coaching is a system of consistently achieving your business outcomes. With help from a coach, you will find your overarching purpose, align your personal and professional goals and implement a massive plan of action to produce predictable and long-lasting results.
A business results coach will become a trusted partner who understands your goals and holds you accountable so that you can achieve transformational results in your psychology, company culture and bottom line.
Is a business coach worth it?
Recent studies show that a full 86% of companies feel that they recouped the investment into coaching, plus more on top. Studies into leadership coaching reveal that among other things, coaching is effective at reducing procrastination, improving self-awareness and facilitating the achievement of goals.
The demand for business coaches is exploding as more and more leaders are recognizing the value of coaching and making it a key part of their overall strategy.
The results you get are dependent on the quality of your coach. Business coaching/strategizing is an unregulated industry. So, the responsibility of finding an effective coach is on you. Start by looking for a coach with experience that is relevant to the challenges your business is facing and a track record of success. The best strategizing organizations have systems that produce consistent results.
Don’t overlook the soft skills either – communication and psychology are a big part of changing company culture, which can have an outsize impact on your bottom line. A good strategist will demonstrate quality communication and motivational skills while helping you build your own. Your chemistry with your strategist is essential; it will help you trust their guidance and motivate you to make necessary changes.
What can a business results coach do for my company?
A business results coach will look at the big picture – identifying the weaknesses and strengths in your company, empowering you to overcome limitations and smash your goals.
A coach will start by not only identifying your goals but by clarifying the purpose that drives them. You may have individual goals for each aspect of your business, but they should all have a purpose and contribute to the overarching vision for your company. Knowing the why behind the what is powerful.
Once you clearly understand your company’s core values, knowing what you want is simple. What’s left is to develop a dynamic action plan so that you can start moving towards those goals right away.
This is where a business coach is invaluable. A good coach will not only help you identify your goals, but they will have an arsenal of tried and tested strategies and systems to achieve those goals.
With the assistance of a business coach, you will be empowered to:
Increase revenue - This is the number one thing companies are looking for when hiring a coach. A business results coach will guide you through optimizing costs, customer experience, company culture and market factors so that you see big returns on your financial investment.
Become a more effective leader - “Leaders aren’t born, they are made.” One of the most significant contributions you can make to your company is to become the leader they need you to be – effective, competent and a master of success.
Break through limiting beliefs - Often, it’s not external factors but our minds that are holding us back. A business coach will help you break through and develop a mindset of success.
Thrive and grow through challenges - Every company is going to hit roadblocks and face challenges along the way. The way that you respond to those challenges will define your long-term success. Rather than fear the ups and downs of the market, a business coach will teach you how to anticipate challenges, face them with confidence and thrive.
Recruit and retain incredible talent - Your company is only as good as your people. A coach will help you build a raving company culture that attracts top talent and provides growth and leadership opportunities that will keep your team motivated and invested. That’s the recipe for retaining top players.
Whether you are just beginning to grow your business, you want to reinvent your brand, you feel like your company has hit a plateau or you want to step up your leadership game, a business coach can be the key component that will catapult you to exponential growth. Even businesses at the top of their game benefit from a quality coach who can give them new insights or strategies that allow them to add more value and rise above the competition.
If you are ready to take your business to the next level, reach out for a free business results coaching consultation today.
Infographic
Business coaches, also known as business strategists, provide a fresh perspective and help identify areas for improvement in your business. With their guidance, you can empower yourself and your business, as shown in the infographic.
